Recent

% | $
Quotes you view appear here for quick access.

Impax Laboratories Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • secrtztn secrtztn Aug 4, 2010 3:53 PM Flag

    Takeover target?

    If they can earn $1.80 in the next 12 months, subtracting the company's huge hoard of cash $5.30 from its $17 price, this company is trading at an effective P/E of 6.5.

    A fairer multiple should be 12 or so.

    12 x $1.80 + $5 cash = $26.60

 
IPXL
32.98-0.06(-0.18%)May 26 4:00 PMEDT